Truck Parking, Multimodal Projects Among $488M in DOT Grants
“We will continue to move quickly to get money out the door to get dirt moving,” Duffy said. (photovs/Getty Images) Truck parking and multimodal projects ranked among 30 infrastructure grants totaling $488 million awarded July 15 by Transportation Secretary Sean Duffy to improve travel safety and bolster the economy. “From ...more
Kenworth, Peterbilt Maker Cuts 175 Jobs in Quebec, Union Says
A Peterbilt truck at CES in Las Vegas in 2024. (Brendan Smialowski/AFP/Getty Images) Truck maker Paccar Inc., parent company of ...more
Trump Targets Brazil With Steep 50% Tariff Hike
Brazil had been set to face the minimum 10% levy under the so-called “reciprocal” tariffs Trump originally unveiled in April. ...more
Tariffs Split Fed Officials on Rate-Cut Outlook
The minutes underscored how a rapidly evolving economic-policy backdrop has complicated the Fed’s policy calculus this year. (Emily Elconin/Bloomberg) The ...more
DTNA Aims to Increase Margins With Focus on Western Star
DTNA is looking to increase its heavy-duty vocational truck sales 60% by 2030. (Daimler Truck) CLEVELAND, N.C. — Daimler Truck ...more
Longer Amazon Prime Day Sparks More Browsing, Fewer Buys
The average household spent $106 on Prime Day, down from $110 during the beginning of last year’s sale. (Klaus Galiano/Bloomberg) ...more
Trump Reveals New Batch of Tariffs From Iraq to Philippines
A containership in Cebu City, the Philippines, in 2024. (Lisa Marie David/Bloomberg) President Donald Trump unveiled a new round of ...more